According to the IGM poll, what percentage of economists polled agreed that the unemployment rate at the end of 2010 was lower with ARRA than without?
a. 97%
b. 75%
c. 19%
d. 3%
a
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Suppose a reduction in the domestic one-year interest rate expected to occur in two years . All else fixed, will the reduction in interest rate have which of the following effects in a flexible exchange rate regime?
A) The real exchange rate will decrease with no change in the nominal exchange rate. B) The nominal exchange rate will decrease with no change in the real exchange rate. C) Both the real and nominal exchange rate will decrease. D) No change in either the nominal or real exchange rate.
A firm's marginal revenue is defined as
a. the ratio of total revenue to total quantity produced. b. the additional output produced by lowering price. c. the additional revenue received due to technical innovation. d. the additional revenue received when selling one more unit of output.